| | | | | | | The 10-Minute Investor Consistently outperform the market in less than 10 minutes a day. Discover a step-by-step system to move from inconsistent to consistent gains in the stock market. Break free of the old, broken investing model and plug-in to a successful investing plan. Attend my free webinar and learn: - My 3-Part stock buying checklist
- My 10-Minute Routine
- 4 big mistakes to avoid.
LEARN MORE | | |
| | US Market |  | | NYSE | AMEX | Dow Jones | Nasdaq |  |  |  |  | | Please click on the images to view our interactive charts | | | The major U.S. index futures are pointing to a higher opening on Wednesday, with sentiment suggesting that the rally is fading, as the major averages trade at record highs. Commodities are all higher, although oil is seeing weakness, and the dollar is weaker. With some key risk events bothering the markets, profit taking could set in, as traders prefer to move to the sidelines ahead of the events. That said stimulus hopes and positive expectations concerning the corporate reporting season could cushion any downside.
U.S. stocks advanced for the third straight session on Tuesday as stimulus hopes helped the markets sustain their recent upward momentum.
The major averages opened higher and hovered above the unchanged line throughout the session before ending moderately higher. The Dow Industrials ended up 120.74 points or 0.66 percent at a record closing high of 18,348, the S&P 500 Index closed 14.98 points or 0.70 percent at a fresh record of 2,152 and the Nasdaq Composite ended at 5,023, up 34.18 points or 0.69 percent. The tech-heavy Nasdaq is now positive for the year.
Twenty-three of the thirty Dow components closed higher for the session, while seven stocks declined. Caterpillar (CAT), DuPont (DD), Goldman Sachs (GS) and Nike (NKE) were among the best performers of the session. On the other hand, Boeing (BA) and Wal-Mart (WMT) saw weakness.
Among the sectors, computer hardware, semiconductor, financial, basic material, energy and transportation stocks gained ground. On the other hand, gold and utility stocks moved lower. |
| | Secrets of the 1%: How the Rich Pay Lower Taxes Than You | | I'm about to blow the lid off a secret the 1% don't ever want you to know. It's a "billionaire's tax code" full of loopholes and subsidies and tax breaks 99% of us never hear about. FREE REPORT reveals 3 of the biggest tax loopholes and how you can start lowering your tax bite today. |
| | US Economic Reports | | | | CADUSD | Oil | Gold | Allbanc |  |  |  |  | | Please click on the images to view our interactive charts | | | Import prices in the U.S. increased by less than expected in the month of June, according to a report released by the Labor Department.
The report said import prices edged up by 0.2 percent in June after surging up by 1.4 percent in May. Economists had expected import prices to rise by 0.5 percent. The Labor Department also said export prices climbed by 0.8 percent in June following a 1.2 percent jump in the previous month. Export prices had been expected to increase by 0.3 percent.
Export prices rose 1.1 percent, faster than the 0.5 percent increase in April and the 0.2 percent increase expected by economists. Agricultural export prices jumped2.9 percent compared to the 1 percent increase in non-agricultural export prices. On a year-over-year basis, export prices were down 4.5 percent.
Dallas Fed President Robert Kaplan will participate in a moderated Q&A at the World Affairs Council of Houston at 9 am ET followed by a media briefing.
The Energy Information Administration will release its weekly petroleum status report for the week ended July 8th at 10:30 am ET.
Crude oil stockpiles fell by 2.2 million barrels to 524.40 million barrels in the week ended July 1st. Despite the drop, stockpiles were at historically high levels for this time of year.
Distillate inventories declined by 1.6 million barrels but were well above the upper limit of the average range for this time of the year. Gasoline inventories edged down by 0.1 million barrel but were well above the upper limit of the average range.
Refinery capacity utilization averaged 91.7 percent over the four weeks ended July 1st compared to 91.4 percent for the four weeks ended June 24th.
The Treasury Department is set to announce the results of its auction of 30-year bonds at 1 pm ET. An hour later, the Federal Reserve is due to release the Beige Book, which consists of anecdotal evidence of economic conditions in the 12 Federal Reserve districts.
Also at 2 pm ET, the Treasury is slated to release its monthly budgetary statement. Economists expect a deficit of $52.5 billion for the month. |
| | 251 Trades Delivered to Your Inbox -- 100% FREE | | For the next 24 hours only, you can get the very best trading ideas from our all-star line-up of pros delivered to your inbox each and every trading day absolutely FREE.
Seven A-list traders duke it out every day to see whose trade will be featured as the #1 trade of the day. Readers have already locked in monster double and triple-digit profits of 38% - 212% in 2015. With a new red-hot trade coming out every single day the market is open, it's easy for you to get on board for our next round of profits!
There is no catch -- there are no forms to fill out... no strings... no credit card required.
Just click here now to enter your email address and watch your inbox for tomorrow morning's trade. |
| | Stocks in Focus | | | | FTSE 100 | Euronext | Dax perf | CAC 40 |  |  |  |  | | Please click on the images to view our interactive charts | | | ADTRAN (ADTN) reported better than expected second quarter non-GAAP earnings and its revenues were in line.
American Airlines (AAL) reported a 2.2 percent year-over-year growth in traffic in June and a 2.8 percent increase in capacity. Load factor edged down 0.5 percentage points to 84.9 percent. JetBlue's (JBLU) traffic was up 11.6 percent and capacity rose 10.5 percent. Load factor rose 0.9 percentage points to 86.2 percent.
Teva (TEVA) announced that it now expects second quarter adjusted earnings per share and revenues above its previous expectations.
CSX (CSX) and Yum Brands (YUM) are among the companies due to release their quarterly results after the close of trading. |
| | Bill Mathews Just Released a New Stock Alert! | | And I don't know about you, but I always want to listen when one of the best small-cap investors in the world gives me a stock tip.
Over the last 7 year's Bill has given 342 stock picks and 99.7% have gone up but the best part is how much. Right now his same 342 stock picks have an average gain of 209%. And it's all thanks to The Cheap Investor system which has been honed over the last 34 years.
Bill's new pick is a single medical development that has the potential to upset a $47 billion Industry. Trust me you don't want to miss this.
Click Here Now To Get Bill's New Stock Alert |
| | European Markets | | European stocks are holding up following the four-session rally seen in the run up to today's session. Profit taking is hurting to some extent even as traders cling to stimulus hopes. Lackluster Chinese trade data and indications that the Japanese government may not offer helicopter money could also trim some of the optimism.
On the economic front, industrial output in the eurozone fell at a faster than expected pace in May to give back almost all of the gains recorded in the previous month, data from Eurostat showed. Industrial production fell 1.2 percent from the previous month, steeper than the economists' expectations for a 0.8 percent drop.
French consumer prices increased as initially estimated in June, data from statistical office Insee showed. Consumer prices rose 0.2 percent year-over-year in June, confirming the flash data, after stabilizing in the previous month. On a monthly basis, consumer prices edged up 0.1 percent in June, slower than the 0.4 percent climb in May. That was also n line with preliminary report. |
| | Do You Own Any of the Most Dangerous Stocks in America? | | You can't trust Wall Street when it comes to preserving your nest egg. Just released list of 25 stocks to sell is available free. Download the complete list and check it against your own portfolio. According to our latest research, if you own ANY of these D and F rated stocks, you could suffer huge losses in the coming months. |
| | Asian markets | | | | USDCAD | USDEUR | USDGBP | USDJPY |  |  |  |  | | Please click on the images to view our interactive charts | | | Most Asian markets rose for the third straight session as traders continued to see scope for further stimulus from countries ranging from China and Japan to the U.K. However, the gains were more modest.
The Japanese market rose for a third consecutive session as the yen lingered near a three-week low versus the dollar. The Nikkei 225 Index closed up 135.78 points or 0.84 percent at a 1-month closing high of 16,231. Financial and auto stocks rose strongly in the session.
The Australian market extended its gains for a fifth straight day as rising commodity prices supported stocks in the resources sector. The All Ordinaries Index closed 37.10 points or 0.68 percent higher at 5,470, its highest closing level since June 9th.
Energy, financial and material stocks rallied strongly, while healthcare stocks came under selling pressure.
Hong Kong's Hang Seng Index ended up 97.63 points or 0.46 percent at 21,322 and China's Shanghai Composite closed at 3,061, up 11.31 points or 0.37 percent.
On the economic front, Japan's industrial production decreased more than initially estimated in May, final data published by the Ministry of Economy, Trade and Industry showed. Industrial production fell a seasonally adjusted 2.6 percent in May from the previous month, steeper than the 2.3 percent drop reported earlier.
The Chinese General Administration of Customs reported that exports rose 1.3 percent year-over-year in yuan terms in June, more than the 0.3 percent increase expected by economists. Imports were down 2.3 percent compared to expectations for a 1.2 percent drop. The trade surplus came in at a less than expected 311.2 billion yuan. In dollar terms, exports and imports fell 4.8 percent and 8.4 percent, respectively.
The results of a survey by Westpac Bank and the Melbourne Institute showed that a measure of Australian consumer sentiment eased in July in the run up to the 2016 federal election. |
| | Free Options E-Book: How To Win 80% of Trades | | Do you trade options like the professionals do? Most options traders make the same mistakes – which is why they consistently lose money. But when you learn just 3 simple strategies, you can earn consistent income. Claim your free E-Book now for details. |
| | Currency and Commodities Markets | | Crude oil futures for August delivery are receding $0.39 to $46.41 a barrel after jumping $2.04 to $46.80 a barrel in the previous session. Meanwhile, an ounce of gold for August delivery is currently trading at $1,343, up $7.70 from the previous session's close of $1,335.30. On Tuesday, gold plunged $21.30.
On the currency front, the U.S. dollar is trading at 104.61 yen compared to the 104.69 yen it fetched at the close of New York trading on Tuesday. Against the euro, the dollar is valued at $1.1081 compared to yesterday's $1.1061. |
| | | | | | | To unsubscribe from this news bulletin or edit your mailing list settings click here. Registered Office/Accounts Dept: Suite 27, Essex Technology Centre, The Gable, Fyfield Road, Ongar, CM5 0GA. Customer Support +44 (0) 207 0700 961. Company registered in England and Wales: Number 2374988 VAT No. GB 549 2130 49 | |
No comments:
Post a Comment